Tuesday, September 23, 2008

Bailouts will lead to rough economic ride (Ron Paul)

Ron Paul writes an op-ed for CNN (isn't it interesting that Dr. Paul is getting more attention from the media now that he was proven right?):

Many Americans today are asking themselves how the economy got to be in such a bad spot.

For years they thought the economy was booming, growth was up, job numbers and productivity were increasing. Yet now we find ourselves in what is shaping up to be one of the most severe economic downturns since the Great Depression.

Unfortunately, the government's preferred solution to the crisis is the very thing that got us into this mess in the first place: government intervention.

Read the rest

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